Written answers
Thursday, 9 November 2006
Department of Finance
Tax Yield
5:00 pm
Michael Lowry (Tipperary North, Independent)
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Question 112: To ask the Minister for Finance the amount of stamp duty collected each year since 2000 from residential property transactions; the amount paid each year since 2000 by first-time buyers; and if he will make a statement on the matter. [37243/06]
Brian Cowen (Laois-Offaly, Fianna Fail)
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I am informed by the Revenue Commissioners that the relevant information is shown in the table.
| Year | Stamp Duty Yield from sales of Residential Property | Stamp Duty Yield where First-Time Buyer Relief applied |
| € million | *€ million | |
| 2000 | 282 | Not available |
| 2001 | 265 | 22 |
| 2002 | 349 | 29 |
| 2003 | 528 | 52 |
| 2004 | 752 | 71 |
| 2005 | 945 | 44 |
| *First-time buyers are identifiable where they have qualified for the first-time buyer relief and paid stamp duty at a lower rate than other buyers. As stamp duty rates for property transactions exceeding €381,000 (up to 1 December 2004) and exceeding €635,000 (on or after 2 December 2004) were the same for all residential purchasers, it is not possible to distinguish first time buyer transactions in excess of these values. |
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